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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
9 Months Ended
Sep. 27, 2026
Sep. 28, 2025
Cash flows from operating activities:    
Net income $ 579 $ 667
Adjustments to reconcile net income to net cash flows from operating activities:    
Depreciation and amortization 255 248
Changes in operating and other assets and liabilities, net (446) (794)
Other (23) 0
Net cash flows from operating activities 365 121
Cash flows from investing activities:    
Capital expenditures (281) (246)
Investments in debt securities (85) 0
Net expenditures from breeding stock transactions (24) (9)
Investments in partnerships and other assets (1) (10)
Cash receipts on notes receivable 39 14
Other 11 12
Net cash flows used in investing activities (342) (239)
Cash flows from financing activities:    
Payment of dividends (384) (297)
Net proceeds from issuance of common stock 0 236
Other (1) (3)
Net cash flows used in financing activities (386) (64)
Effect of foreign exchange rate changes on cash 1 12
Net change in cash, cash equivalents and restricted cash (362) (170)
Cash, cash equivalents and restricted cash at end of period 1,178 773
Cash, cash equivalents and restricted cash at beginning of period $ 1,539 $ 943